Stock that is selling for less than its par value (or face value). … [Read more...] about BELOW PAR
B
BENEFICIARY
(A) This term is frequently used as synonymous with the technical phrase cestui que trust. (B) The refers to a person or entity that is legally entitled to receive benefits pursuant to some legal device, for example, an insurance policy, a trust or a will. Law Dictionary - Alternative Legal Definition One for whose benefit a trust is created; a cestui que trust. 1 Story, Eq. … [Read more...] about BENEFICIARY
BEARER PAPER
A negotiable instrument which is payable to any person in possession of the paper (the bearer) and does not contain a specified payee. … [Read more...] about BEARER PAPER
BEGUM
In India. A lady, princess, woman of high rank. … [Read more...] about BEGUM
BELOW THE LINE
An amount that has no net effect on net loss or gain. See also below the line deductions which deal with taxpayer AGI. … [Read more...] about BELOW THE LINE